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GT247 / EasyTrader: South African CFD margins, funding holds and tariff differences

EasyTrader (Pty) Ltd trades as GT247.com and connects CFD trading to EasyEquities and MT5. The published navigator gives instrument-specific margins, but the website links two different cost-profile vintages; July 2025 terms also separate client cash from money paid as margin.

By FXBrokers.ai Editorial DeskOperating status: ActiveSources checked Published Updated
Profile scope

EasyTrader is operated by EasyTrader (Pty) Ltd t/a GT247.com; its linked tariffs differ.

  • EasyTrader is operated by EasyTrader (Pty) Ltd t/a GT247.com; its linked tariffs differ.
  • Current navigator margins are instrument-specific: EURUSD 4%, gold 25%, bitcoin 60%.
  • The July 2025 terms distinguish segregated client cash from amounts paid as margin.

Accounts and eligibility

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At a glance01

Legal and platform relationship

Legal and platform relationship
ItemPublished position
OperatorEasyTrader (Pty) Ltd t/a GT247.comSource 1
Company number2017/190488/07Source 1
Authorisation statementODP43; juristic representative of Purple Group FSP46315Source 1
Target marketSouth African residentsSource 1
At a glance02

Access routes

Access routes
RouteFunction
EasyEquities activationActivate EasyTrader, then use its credentialsSource 3Source 4Source 7
WebTrader / EasyEquities appBrowser and app accessSource 3Source 4Source 7
MT5 desktop/mobileSame account across supported devicesSource 3Source 4Source 7
DemoJuly 2025 terms allow access up to 28 daysSource 3Source 4Source 7

View full spreads & trading costs

Markets and contract specifications

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At a glance03

Selected FX margin requirements — navigator snapshot

Selected FX margin requirements — navigator snapshot
PairAccount availabilityMargin
EURUSD; AUDUSD; USDCADZAR and USD4%Source 3
GBPUSD; USDJPYZAR and USD5%Source 3
USDCHFZAR and USD6%Source 3
USDCNH; USDSGDZAR and USD20%Source 3
USD/ZAR; EUR/ZAR; GBP/ZARUSD8%Source 3
At a glance04

Selected index margins

Selected index margins
Instrument labelMarginAccount availability
Alsi Dec2612%ZARSource 3
Alsi Dec26 - Daily8.4%ZARSource 3
Wall Street 302.5%ZAR and USDSource 3
Australia 200; FTSE 1003.66%ZAR and USDSource 3
DAX 304%ZAR and USDSource 3
At a glance05

Commodity and crypto CFD margins

Commodity and crypto CFD margins
InstrumentMarginAccount availability
Gold25%ZAR and USDSource 3
Silver57.4%ZAR and USDSource 3
Brent crude23.26%ZAR and USDSource 3
Bitcoin60%ZARSource 3
Ethereum80%ZARSource 3
At a glance06

Selected South African equity CFD margins

Selected South African equity CFD margins
InstrumentMargin
Absa; Capitec; Standard Bank25%Source 3
AECI; Adcock Ingram40%Source 3
City Lodge50%Source 3
African Phoenix80%Source 3

These are published CFD margin requirements, not amounts of underlying shares or crypto acquired. The navigator retains older labels and a test entry, so an actual terminal specification is the final availability check. Its “round trip shading” column has insufficient unit explanation for a reliable cross-asset spread-cost conversion.[3]

Spreads, commissions and other costs

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At a glance07

Two official cost files must not be blended

Two official cost files must not be blended
FileWhere linkedMaterial distinction
EasyTrader, September 2024EasyEquities document hubEasyTrader-branded cost profileSource 8Source 2Source 5Source 6
GT247, November 2025EasyTrader rates page “Full Cost Profile”Different dated tariff with equity MMPM and card chargeSource 8Source 2Source 5Source 6
Applicable accountAccepted account scheduleResolve the linked-document mismatch before applying either tariffSource 8Source 2Source 5Source 6
At a glance08

EasyTrader September 2024 financing and cash terms

EasyTrader September 2024 financing and cash terms
ItemPublished basis
Non-SA long financingUS overnight rate +2.5%, notional/365Source 5
Non-SA short financingUS overnight rate −2.5%; negative result is payableSource 5
Free cash gross interestPrime −3.5%, before management feeSource 5
Margin interestNot earnedSource 5
At a glance09

EasyTrader cash management fee bands — dated schedule

EasyTrader cash management fee bands — dated schedule
Free-cash bandFee, VAT included
0–1,000 / 1,000–10,000 / 10,000–100,0001.75%Source 5
100,000–1,000,0001.50%Source 5
1,000,000+1.27%Source 5

The overlapping printed band endpoints and whether the fee applies marginally or to the whole balance are not explained. A net-interest amount cannot be reliably calculated from the table alone.[5]

At a glance10

GT247 November 2025 tariff — separate comparison

GT247 November 2025 tariff — separate comparison
ItemPublished value
Equity MMPM0.10% of nominal value on purchase and sale; no minimumSource 6
Card funding2.3% + R1.60Source 6
Non-SA financingUS overnight rate ±2.5%Source 6
12-month inactivity chargeR120 or US$10 monthly excluding VAT; balance floor zeroSource 6
At a glance11

Dated inactivity and data rules

Dated inactivity and data rules
DocumentRule
EasyTrader September 202412 months without trades/positions: up to R120 monthly excluding VATSource 5Source 7
EasyTrader July 2025 terms60 days without trades/positions can trigger account deactivationSource 5Source 7
Separate data restriction60-day inactivity can restrict JSE live dataSource 5Source 7

The 60-day access/deactivation rule and 12-month fee are different events. The older price document does not guarantee that an account remains tradeable until the fee begins.[5][7]

Execution, platforms and margin controls

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At a glance12

Real-time margin process — July 2025 terms

Real-time margin process — July 2025 terms
ThresholdResponse
Margin level ≤100%Margin-call notificationSource 7
Margin level ≤75%Automatic stopout without prior noticeSource 7
Closure sequenceLargest reserved-margin pending orders, then largest losing tradesSource 7
Threshold changesBroker can adjust for market conditionsSource 7
At a glance13

General platform schedule, GMT

General platform schedule, GMT
DaysOpenClose
Monday–Thursday00:0523:45Source 9
Friday00:0521:55Source 9
Saturday–SundayClosedClosedSource 9

The contact page labels this the platform schedule; individual symbols may have shorter sessions. South African time is GMT+2, so 00:05 GMT corresponds to 02:05 SAST.[9]

Deposits and withdrawals

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At a glance14

Contractual withdrawal holds — calendar days, if method applicable

Contractual withdrawal holds — calendar days, if method applicable
Original deposit methodHold
Credit card10 daysSource 7
Instant EFT5 daysSource 7
EFT / cash / wire5 daysSource 7
Debit order40 daysSource 7
Voucher14 daysSource 7

A listed hold does not establish that the method is currently enabled. Available funding methods appear in account management; third-party payouts are prohibited.[7]

Authorisation and client protection

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At a glance15

Cash and margin have different legal treatment

Cash and margin have different legal treatment
BalanceJuly 2025 terms
Client moneySegregated omnibus placement within one business daySource 7Source 1
Margin / trade payments / feesAmounts paid to EasyTrader become its assets, outside the trust accountSource 7Source 1
Loss exposureMargin is not a loss cap; website warns losses can exceed initial capitalSource 7Source 1

Support and complaints

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At a glance16

Emergency dealing and ordinary support

Emergency dealing and ordinary support
PurposeChannelScope
Urgent closing+27 10 288 8930Funded account with open trade and platform access problemSource 9
Ordinary queriessupport.easytrader.co.zaTicket; typical response within 36 hours excluding weekendsSource 9
WhatsApp assistance+27 11 010 8539Support, screenshots and proof of payment; not stated as an order channelSource 9
At a glance17

Voice instructions and account records

Voice instructions and account records
FunctionContract requirement
Telephone orderPermitted designated trader; identity checks and express confirmationSource 7
VoicemailNot an accepted instructionSource 7
RecordsMT5 History/Journal; daily confirmation and monthly statementSource 7

Tools, automation and account administration

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At a glance18

Tools with defined scope

Tools with defined scope
ToolUse
Margin calculatorEstimate only; actual requirement at executionSource 3Source 4
Product navigatorInstrument margins, currencies and shading displaySource 3Source 4
Economic calendarScheduled market eventsSource 3Source 4
MT5 downloadsDesktop and mobile access; not a broker performance guaranteeSource 3Source 4

Company and operating history

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The company page identifies EasyTrader as part of the Purple Group ecosystem and expressly uses the trading name GT247.com. EasyEquities’ securities service is separately described in its own document hub; an EasyTrader CFD is not a custodied EasyEquities share.[1][8]

The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

EasyTrader (Pty) Ltd

South AfricaSource 1Source 7

No separate licence entry is recorded in this panel.

Purple Group Ltd

South AfricaSource 1

No separate licence entry is recorded in this panel.

Material document limitations

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The detailed tariff files have different dates and scopes, and the terms still contain legacy benchmark language. Financing formulas above therefore retain their exact document attribution; no current SABOR/LIBOR replacement, JSE fee update or uniform all-in spread is invented.[7][5][6]

Follow the evidence

Sources & further reading

  1. Current legal company, ODP43 and group identity EasyTrader · Accessed 26 Oct 2026
  2. MT5 and WebTrader account access across devices EasyTrader · Accessed 26 Oct 2026
  3. EasyTrader cost profile, September 2024 EasyTrader · Accessed 26 Oct 2026
  4. GT247 cost profile, November 2025 GT247.com · Accessed 26 Oct 2026
  5. EasyTrader terms and conditions, July 2025 EasyTrader · Accessed 26 Oct 2026
  6. Telephone dealing, support and platform hours EasyTrader · Accessed 26 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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